Zambia Targets 7 Percent Growth
Zambia aims to boost its economic growth to an average of seven percent over the next three years. Finance Minister Situmbeko Musokotwane says the plan relies on increased investment and stronger exports in mining and agriculture following successful debt restructuring.
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Zambia aims to lift economic growth to an average of 7% over the next three years, targeting stronger exports in Copper. The medium-term macroeconomic framework projects growth of 6.0% in 2027, 7.5% in 2028, and 7.1% in 2029. The targets follow a protracted debt-restructuring process after the Southern African nation defaulted during the pandemic.
